Funds aimed at enabling investors to avail tax rebates under Section 80-C of the Income Tax Act.

Out of this, Rs 30,000 can be invested only in such eligible issue of capital, the proceeds of which are to be utilised in infrastructure projects. Tax Saving Bonds offered by ICICI Bank is one such eligible investment for this purpose.

Municipal bonds remain the primary method used by states and local governments to finance public capital improvements and public infrastructure projects.

"Last year, more than $100 billion in advance refunding bonds were issued,

IDFC would issue tax-saving long term infrastructure bonds to raise money from the market to fund infrastructure projects. Managing director of IDFC Investment Banking Prashant Shetty said that the bonds would carry an interest.

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then investing in an infrastructure bond will save you up to Rs. 6,180 this year. With this tax amount saved, the yield on these bonds goes up significantly. This is a definite consideration from a tax saving point of view. For more details on.

This article explains how the deductions under Sec 80C of the Income Tax (IT) Act can help reduce your income tax liability. It also helps you decide where to invest.

"For example the act eliminated tax-exempt advance refunding bonds, which may cost us up to $425 million in savings over the next four tears and increase the.

Analysts said the announcements clearly indicated that the government was focused on ongoing projects, although Jaitley did announce plans to build a tunnel in Arunachal Pradesh. Equity still remains the lowest taxed investment vehicle.

March and July are the months to save taxes. So people who are earning usually get very active in these months for the same purpose. There are many viable options to save taxes; one such is investing in ‘Tax Saving Infrastructure.

What is income tax in India & What are Income Tax Returns(ITR)? Know in detail how is it calculated & What are the different taxable Heads of Income in India?

One of the milestones to be achieved by 2020 is to expand the green bond.

THE Finance Minister has allowed investors to invest up to Rs 30,000 in infrastructure bonds that offer a tax rebate of 15 or 20 per cent, depending on the total income of the investor. This is Rs 10,000 higher than what was permitted last.

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Also, there has been a demand from banks to float infrastructure bonds with tax saving features. "There is a possibility of an extension of the benefit under section 80CCF from Rs 20,000 to Rs 1,00,000. This can help improve financing for.

L&T Bonds are open for subscription from October 15th to November 2nd, and like the IDFC bond issue these L&T Infrastructure bonds also help you save tax.

Investment of R20,000 in these infrastructure bonds would help the investor save tax depending on the rate at which he is liable to pay tax like R2,060 if taxed at 10.30%; R4,120 if taxed at 20.60% and R6,180 if taxed at 30.90%. Besides.

Perhaps enough tax incentives can. is no specific purpose in Series E savings bonds nowadays, which undoubtedly limits their popularity. Once we add in a specific goal for this new bond series (i.e., rebuilding US infrastructure), and.

Nov 27, 2017 · The tax code overhauls being pushed by congressional Republicans might not sound like infrastructure bills, but they contain many provisions that could.

A flurry of regulated gas and electric utilities are passing savings stemming from.

In a surprise move, the Republican tax plan released on. that targeting private activity bonds is especially confusing because those types of bonds are the “logical way” to stimulate private investment in infrastructure — a hallmark of.

LIC Infrastructure Bonds: If you are tax payer then you can save more tax by investing in LIC Infrastructure Bonds. Additional Rs.20,000 Tax Exemption under Section.

Find the highest interest on Tax Saving Bank Fixed Deposit (FD) u/s 80C of Income Tax as of January 2018 across 42 banks.

Kolkata-based Srei Infrastructure Finance Limited (SIFL), on Tuesday, announced the public issue of long term infrastructure bonds with a face value of Rs 1,000 each. These are in the form of secured redeemable non.